Activity › Discussion › Math › Profit and Loss › Reply To: Profit and Loss
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Cost Price (CP) of Pen = Rs. 10 <div>Selling Price (SP) of Pen = Rs. 5</div><div>
</div><div>Since SP<CP, he incurs a loss.</div><div>Loss = CP – SP</div><div> = 10- 5</div><div> = 5 (in rupees)</div><div>
</div><div>Loss Percentage = Loss / CP × 100</div><div> = 5/10 × 100</div><div> = 50%</div>